CRVUSD.P trade ideas
CRV Perp beforeCRV perp before, dip to buy...................................................................................
CRVUSD within a Channel Up aiming at $12.00Curve has been trading within a Channel Up since late July, all within the wider uptrend of a Fibonacci Channel. The token is still outperforming the market average during this correction and is about to complete an Inverse Head and Shoulders (IH&S) formation within the Channel Up. Interestingly enough, the most recent IH&S pattern was back during the May market sell-off, and was what practically paved the way for the sustainable Channel Up.
Based on the 1D CCI indicator, a break above its Lower Highs, signals the start of a new bullish pattern. Currently the price is about to test those Lower Highs. If broken, our target will be $12.00.
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$CRV to $11 and beyond?- Inverse head & shoulders
- Downtrending resistance line on RSI
- 1.618 Fib Extension matches up with implied target of inverse H&S
- CRV is the leading (by TVL) and most innovative project in DeFi
Brief pullback then expansion for $CRVCurve is one of my top picks for the next couple of months. High TVL and 90% + of supply is locked up. I expect a pull back to $4.70-85 region then continue upwards.
CRV is looking goodCRVUSD weathered the storm pretty well. I think we are heading back up to over 6.00 range. Let's see what's in store!
CRV Another Possible Scalp, Various ScenariosCurve is very hot right now, I think we can see the upper target reached, but also a shake out is possible since we haven't retraced much since our move up. NFA, DYOR
breakout pattern for CRVnoticed a parallel pattern forming with similar moving averages from the recent dip and recovery, if the price breaks out of the resistance lines than there is a strong potential for a huge spike.
CRV Update: Falling Towards First Short-Term Buy ZonesCurve Finance ($CRV) has been discussed as a focal asset among many popular DeFi 2.0 protocols. Convex, most notably, has amassed a large relative percentage of outstanding CRV governance tokens.
After a sustained multi-week upward trend, CRV has climaxed and, correlating strongly to a downward movement with BTC, has seen bleeding of market cap recently.
Areas near the $3.50 and $3.35 mark reflect support on a yearly timeline and maybe lucrative buy points.
As always, the market watches BTC.
CRV looking for a scalp longI think we have a nice setup for a small scalp with continuation if BTC keeps behaving ;) I have a short term target of around $5.09 with $5.29 as another level to watch for as resistance. NFA, DYOR
CRV about 30% more CRV is still in brake out mode ! CRV is in it brake out above 5 bucks and we could see and insane move
Curve DAO Dark Cloud Cover & Head and Shoulders Repetition of Elliot Wave Theory Curve DAO uptrend and downtrend indicates near term reversal to hit fib retracements before continuing. Looking at head and shoulders, dark cloud cover.
Cup & Handle Spotted !Cup & handle Breakout above $6.00
MACD still bullish looking.
based on Cup and Handle BO price projection , Next TP level is $8.50
_Please be informed that our analysis is based on historical DATA to predict/forecast upcoming movement, our bias may change due to market conditions. _
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence
CRV Hourly Chart As per CRV Hourly Chart, $6.41 is acting as resistance. Putting my SL below $6 to be in safe zone.
CURVE DAO - HEAD AND SHOULDERS REVERSE SPOTTEDHead and shoulders reverse formed,
Potential R:R till 7.07 or more
CURVE in the way of the 1st wave?crab harmonic pattern:
X=$372
AB=0.38 XA
BC=0.38 AB
1.6 BC=$11.88
2 BC=$21
2.24 BC=$30
2.6 BC=$53
0.78 XA=$82
0.88 XA=$166
3.6 BC=$235
4.23 BC=$593
1.13 XA=$935
1.27 XA=$2556
1.41 XA=$6790
1.6 XA=$29597
CRV to 5.47 ! BEAR PENNANT for A bounce if support holds there.CRV to 5.47 ! BEAR PENNANT for A bounce if support holds there. CRV to 5.47 ! BEAR PENNANT for A bounce if support holds there.
CRV Curve Finance Update Short term outlook looks OK. BUT our stoch rsi on the daily is cooked (at 100). This can stay in that range but will make its way down eventually. If looking for an entry, wait for the daily to reset. Otherwise, not a bad spot to TP and wait for a chart reset on higher timeframe.
*not financial advice
CRV Curve Finance Game PlanUsing a combination of supertrend and stoch rsi to trade $CRV on a mid time frame. 30 min, 1 hour, 4 hour, and 1 day time frame for best results. Daily time frame super trend flip=$$$
*not financial advice
Fractals fractals everywhereIt seems the altcoin market is waiting in the wings for the next Bitcoin move. The altcoins seem to give some hint at the timing of the next move up. CRV seems to be printing a smaller fractal of the previous leg up from earlier in the year. Assuming this plays out, we should be looking at an end of the year/early next year move up. The buy zone for me is $3.00 - $.3.30
